Our Investment Philosophy
Axis Bank Limited74.99% Holdings
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.
The Bank has a large footprint of 2402 domestic branches (including extension counters) and 12,922 ATMs spread across the country as on 31st March 2014. The overseas operations of the Bank are spread over its seven international offices with branches at Singapore, Hong Kong, DIFC (Dubai International Financial Centre), Colombo and Shanghai and representative offices at Dubai and Abu Dhabi. During the year, the Bank has upgraded its representative office in Shanghai, China to a branch to become the first Indian private sector bank to set up a branch in China. During the year, the Bank’s overseas subsidiary namely Axis Bank UK Ltd. commenced banking operations.
Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India),Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The shareholding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003. With a balance sheet size of Rs.3,83,245 crores as on 31st March 2014, Axis Bank has achieved consistent growth and stable asset quality with a 5 year CAGR (2010-14) of 21% in Total Assets, 19% in Total Deposits, 23% in Total Advances and 28% in Net Profit.
Holdings Private Limited
Schroder Investment Management (Singapore) Limited (SIMSL) through its wholly owned subsidiary, Schroder Singapore Holdings Private Limited (SSHPL), both subsidiaries of Schrodersplc, has acquired 25% of the total issued and paid up equity share capital plus one equity share in Axis AMC and Axis Trustee respectively.
Schroders is amongst the 100 largest companies listed on the London Stock Exchange and has a history of over 200 years. Schroders Group is a leading international asset management group managing investments of £418.2 billion as at Jun 30, 2017, on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of asset classes across equities, fixed income, multi-asset and alternatives.Schroders has operated in Singapore since 1977 and SIMSL, a company wholly owned by the Schroder Group, was incorporated as an asset management company in 1992.
Schroders has operated in Singapore since 1977 and SIMSL, a company wholly owned by the Schroder Group, was incorporated as an asset management company in 1992. With one of the largest networks of offices of any dedicated asset management company, Schroders operate from various countries across Europe, the Americas, Asia and the Middle East. Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.
*Schroder Singapore Holdings Private Limited holds 25% plus one equity share capital of the total issued and paid up equity share capital in Axis Asset Management Co. Ltd.
Custodian and Fund Accountant
222,Kodak House, Dr. D.N. Road,
Fort, Mumbai - 400 001.
Register and Transfer Agent
Unit: Axis Mutual fund Karvy Plaza, No.8-2-596 Street No.1, Banjara Hills, Hyderabad - 500 034.
Get in touch
Axis Asset Management Co. Limited
Axis House, First Floor, C-2 Wadia International Centre
Pandurang Budhkar Marg Worli, 400025
Tel No: +912243255161
Toll Free No: 1800 221 322 / 1800 3000 3300
Monday to Friday 9 am to 6pm
Toll Free Timing:
Monday to Friday 8 am to 7pm
Saturday 9am to 6pm
Investor service officer
If you are still not satisfied with the resolution you may have received for the complaint you may feel free to write to the Investor Service Officer
Mr. Milind Vengurlekar
Senior Vice - President, Head - Investor Services
and R&T Operations